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These account balances at December 31 relate to Sportworld, Inc.: Click the icon to view the account balances.) What is total paid-in capital for Sportworld?
These account balances at December 31 relate to Sportworld, Inc.: Click the icon to view the account balances.) What is total paid-in capital for Sportworld? (Assume that treasury stock does not reduce total paid-in capital.) A. $618,500 B. $695,400 C. $624,000 D. $629,500 E. None of the above AccountsPayableAccountsReceivableCommonStockTreasuryStockBondsPayablePaid-inCapitalinExcessofPar-CommonPreferredStock,10%,$100Par$51,30081,450320,0005,5003,600220,00084,000 Paid-in Capital in Excess of Par-Common 220,000 Preferred Stock, 10\%, \$100 Par 84,000 Retained Earnings 71,400
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